Revenue segments as reported by the company.

Interest income

Noninterest income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Wells Fargo

Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage products and services, and consumer and commercial finance. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment offers banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment offers corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity and fixed income solutions, as well as sales, trading, and research capabilities. The Wealth & Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services to affluent, high-net worth and ultra-high-net worth clients. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Wells Fargo reports Q4 progress amidst challenges, eyes growth opportunities

Wells Fargo's Q4 2022 earnings call highlighted progress in key areas despite challenges. The company is focused on enhancing customer experience, digital transformation, and operational efficiency while navigating economic uncertainties. Opportunities for growth in various business segments are being pursued strategically.

Wells Fargo reports strong Q1 earnings, focuses on credit risk

Wells Fargo's Q1 2023 earnings call highlighted strong financial performance, improvements in consumer banking, and credit risk management focus. Challenges included increasing loan charge-offs and declining deposits, particularly in commercial real estate. Opportunities exist in enhancing expense efficiency, NII stability, and capital optimization strategies.

Wells Fargo reports strong Q2 results amidst regulatory challenges

Wells Fargo's Q2 2023 results showcased improved financial metrics despite challenges like increased net charge-offs and regulatory pressures. The company's focus on risk management, strategic hires, and community initiatives present opportunities for growth and resilience. Uncertainties around Basel III impacts and NII outlook require careful navigation.

Wells Fargo reports revenue growth and strategic initiatives in Q3

Wells Fargo's Q3 performance showed revenue growth and improved profitability, despite challenges.
The company is strategically positioned to capitalize on partnerships and growth in fee-based businesses.
Efforts to enhance risk controls and community service reflect a commitment to long-term sustainability.
Adjustments in consumer lending and capital flexibility provide avenues for future growth and stability.

Wells Fargo reports strong 2023 performance but faces NII challenges

Wells Fargo's 2023 performance showcased growth in revenue and net income, but challenges lie ahead with anticipated NII declines and credit quality issues. The company's strategic focus on risk management, product innovation, and racial equity initiatives positions it for future growth amidst economic uncertainties.

Wells Fargo reports stable Q1 earnings amidst growth opportunities

Wells Fargo's Q1 2024 performance reflects stability in profitability, strong capital position, and improved credit quality, underpinned by diversified revenue streams and strategic investments.
Challenges include uncertainties in client behavior prediction, potential rate cuts impact, and difficulty in stabilizing deposit costs, while opportunities lie in revenue diversification and talent enhancement.
The bank's proactive approach to addressing challenges and leveraging opportunities positions it for future growth and operational efficiency, focusing on long-term profitability and reputation building.
Investors should monitor Wells Fargo's progress in stabilizing net interest income, navigating potential rate cuts, and driving loan growth to assess its resilience and growth prospects in a dynamic market environment.

Wells Fargo reports solid Q2 earnings, focuses on growth strategies

Wells Fargo's Q2 2024 earnings call highlighted strong fee-based revenue growth offsetting challenges in net interest income.
The bank's focus on efficiency, risk control enhancement, and shareholder value creation positions it for sustainable growth.
While facing challenges in noninterest income and credit quality, Wells Fargo's strategic initiatives and solid capital position offer opportunities for future growth.
Investments in AI, sustained fee momentum, and margin expansion strategies underscore the bank's commitment to long-term success.

Wells Fargo reports robust Q3 earnings, eyes growth opportunities

Wells Fargo's Q3 performance reflects resilience and progress in its strategic priorities amidst revenue challenges and expense management.
The bank's strong capital position and focus on core businesses position it well for growth opportunities and navigating economic trends.
While facing challenges in commercial loan demand and net interest income, Wells Fargo's transformation efforts aim to drive improved returns.

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Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment provides banking and credit products across industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment is composed of corporate banking, investment banking, treasury management, commercial real estate lending and servicing, and equity and fixed income solutions, as well as sales, trading, and research capabilities. The Wealth and Investment Management segment refers to personalized wealth management, brokerage, financial planning, lending, private banking, trust, and fiduciary products and services. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today its new digital infrastructure strategy, combining a multi-cloud approach with third-party data centers to drive technological speed, agility, and scalability for its customers and employees. Central to the digital infrastructure strategy is Wells Fargo's selection of two industry leaders as its public cloud providers: Microsoft Azure as its primary public cloud provider and Google Cloud providing additional b

Wells Fargo Announces New Digital Infrastructure Strategy and Strategic Partnerships With Microsoft, Google Cloud

U.S. Senator Elizabeth Warren has urged the central bank to separate Well Fargo's (WFC) traditional banking activities from its Wall Street operations.

Wells Fargo's (WFC) Slow Remedial Efforts Irks US Senator

MELVILLE, N.Y., Sept. 15, 2021 /PRNewswire/ -- American Veterans Group, Wall Street's first and only public benefit corporation, is collaborating with Wells Fargo to fund programs that provide transition and employment assistance for veterans.

American Veterans Group to support employment transition programs for veterans

Wells Fargo was hit with a $250 million fine by the OCC for failing to remediate past account issues in a fast enough manner. The large financial had already warned that the regulatory deadlines would be difficult to meet while resolving the CFPB outstanding consent order.

Wells Fargo: Limited New Sanction Risk

Sen. Elizabeth Warren on Tuesday called for the Federal Reserve to break up Wells Fargo & Co., saying the bank continues to harm consumers.

Key Words: Warren urges Fed to break up ‘irredeemable' Wells Fargo, says customers still at risk

Banking giant Wells Fargo on Tuesday pushed back the date when its employees return to office in the US to the beginning of November, according to a memo seen by Reuters. Wells Fargo's operations and contact center employees will start returning to office over several weeks beginning Nov. 1, followed by business support and enterprise.

Wells Fargo delays return-to-office date until Nov. 1

Wells Fargo & Co on Tuesday pushed back the date when its employees return to office in the United States to the beginning of November, according to a memo seen by Reuters.

Wells Fargo pushes back return-to-office date to Nov. 1 - memo

SAN FRANCISCO--(BUSINESS WIRE)--Serving customers with the highest standards requires a strong risk and control foundation. That's why meeting our own expectations for risk management and controls — as well as our regulators' — remains Wells Fargo's top priority. We are a different bank today than we were five years ago because we've made significant progress. Specifically, since 2019, we have: Split three business groups into five and created four new Enterprise Functions to enable greater ove

Wells Fargo Affirms Focus on Building Strong Risk and Control Foundation

U.S. Senator Elizabeth Warren on Tuesday called on the Federal Reserve to break apart Wells Fargo, arguing the latest fine against the bank shows it to be an "irredeemable repeat offender."

Warren says Fed must break up of 'repeat offender' Wells Fargo

The senator asked the Fed to split up the beleaguered bank.

Wells Fargo Should Be Broken Up, Warren Says. The Stock Is Rising.

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U.S. Bancorp

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The OCC has levied a $250 million fine against Wells Fargo over its mortgage servicing business, but a separate 2016 consent order related to sales practices at the bank has now expired.

Wells Fargo was fined $250 million by federal regulators, while it says a separate 2016 CFPB consent order has expired

Five years later, the banking giant still hasn't yet recovered from its reputation-ruining fraud.

Wells Fargo Shows Why Investors Should Beware Scandal-Plagued Companies

Wells Fargo (WFC) closed the most recent trading day at $44.33, moving -0.07% from the previous trading session.

Wells Fargo (WFC) Stock Moves -0.07%: What You Should Know

Federal regulators slapped Wells Fargo with yet another fine for failing to move fast enough to compensate customers who were victims of the bank's "unsafe or unsound" practices.

America to Wells Fargo: This is unacceptable

Despite the OCC order and fine, Wells Fargo disclosed that another consent order had expired and the OCC order doesn't appear to be a setback related to the asset cap.

Wells Fargo Just Got Fined $250 Million -- Here's Why It's Good News for the Stock

The bank was fined $250 million for not making enough progress on fixing its mortgage business, but is out from under a consent order tied to its retail sales practices.

Wells Fargo Gets Good and Bad News. Wall Street Takes It All in Stride.

While Wells Fargo (WFC) 2016 CFPB consent order related to a retail sales practice expires, a banking regulator levies a $250-million fine on the bank due to lacking mortgage loss mitigation efforts.

Wells Fargo (WFC) Fined $250M by OCC, Winds Up 2016 CFPB Order

Wells Fargo Corp. WFC, +1.23% shares rose 2% in pre-market trades on Friday despite a $250 million civil penalty from the Office of the Comptroller of the Currency for not meeting requirements of its 2018 action against the bank. The fine, which was announced late Thursday, had been anticipated after recent press reports and signals from the bank over the summer about regulatory friction.

Wells Fargo shares shrug off OCC fine

A top U.S. banking regulator fined Wells Fargo $250 million and placed new restrictions on the bank's business after finding shortcomings in its earlier efforts to pay back customers it had previously harmed.

Banking regulator fines Wells Fargo $250 million over remediation shortcomings

Wells Fargo was hit with a $250 million fine on Thursday from a banking regulator after it failed to properly execute a mortgage loss-mitigation program.

Wells Fargo hit with another fine, but also says CFPB order from 2016 sales practices has ended

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo today confirmed two developments related to its risk management and regulatory work. Today, the Office of the Comptroller of the Currency (OCC) issued an enforcement action against the company related to loss mitigation practices in the bank's Home Lending business, as well as a civil monetary penalty related to those loss mitigation practices and insufficient progress in addressing requirements under the OCC's April 2018 Compliance Risk Management an

Wells Fargo Issues Statement on OCC Enforcement Action, Expiration of CFPB Consent Order

Wells Fargo (WFC) rolls out Accounts Receivable service which will likely drive operational cost savings for its clients.

Wells Fargo (WFC) Unveils AI-Powered Integrated Receivables

Truist Financial

Negative provisions, higher non-interest income, and rise in loan balance aid FDIC-insured banks' Q2 earnings. Thus, major banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), & Truist Financial (TFC) record growth in financials.

FDIC-Insured Banks' Q2 Earnings Up, Loans Rise, NIM Shrinks

Wells Fargo & Co (NYSE:WFC) took a 10% nose dive last week after Bloomberg reported the largest U.S. bank may face further regulatory action over the speed at which it's paying out restitution payments. Bank of American Corporation (NYSE:BAC) declined about 2.5% in sympathy over the same two trading days on Aug. 31 and Sept.

News for Wells Fargo Stock (WFC)